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- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8040519
- Build. Type:
- Low Rise (2-4 stories)
- Photos (6)
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124 SPRUCE & 525-575 PINE AVE, SPARWOOD, BC. Great rental history. 1 of 3 offerings that also includes 2 properties in Cranbrook (61 units) and 2 properties in Elkford (120 units). Total of 242 units available. Contact LB for access to confidential Data Room. Estate Sale, Closing is subject to Probate.
- Sale Type:
- Asset
- Building Type:
- Low Rise (2-4 stories)
- # Units:
- 61
- # of Appartments:
- 0
- # of 1 Bedroom Appartments:
- 15
- # of 2 Bedroom Appartments:
- 46
- Year built:
- 1974 (Age: 48)
- Total Floor Area:
- 0 sq. ft.
- Lot Area:
- 1.76 acre(s)
- Land Use/Zoning:
- R-3
- Permitted Use:
- Multifamily (5+)
- Taxes:
- $22,410 / 2021
- Env Assmt Phase:
- No
- Cap Rate %:
- 5.0
- Gross Income:
- $603,870
- Oper. Expenses:
- $248,865
- Net Operating Income:
- $347,251
- Original Price:
- $7,020,000
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Golden Oak -
Golden Oak - Parking
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Golden Oak - Rear View
-
Pineway
-
Pineway
-
Pineway - Both Buildings
Listed by MACDONALD COMMERCIAL R.E.SERV.
Data was last updated May 16, 2022 at 08:10 PM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.